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Docente: Leslie de Chernatony
Tipo di corso: Master +2
Valore in crediti ECTS: 3
Academic year 2012/2013 - Fall semester
The topic of brand marketing is of considerable interest to practitioners, consultants and academics. There are a variety of reasons for this, for example the inherent worth of this intangible asset, its value as a strategic device, as a basis for aligning staff and for engendering long term repeat buying behaviour. Brand managers used to place considerable emphasis on differentiating a unique offering through a welcomed promise that met the opportunities presented by market gaps. However, managers now recognise the importance staff play in delivering the brand promises and firms are adopting a more balanced perspective, directing branding activity both inside and outside an organisation. This elective will adopt both an internal and external perspective on strategically building brands.
One of the challenges managing this intangible asset is that there are diverse views about the nature of brands and one theme of this course is enabling students to appreciate these interpretations along with their implications in terms of coherently delivering a brand promise. The importance of emotion and authentic experiences will be addressed as contributors to sustainable success. Being able to justify a price premium and a future income stream necessitates understanding the topic of added value which will be explored. Brand building involves long term investment to meet a stretching brand vision, adopting a pan-company outlook, understanding core competencies, identifying and prioritising opportunities, engaging staff commitment and leveraging advantages from a unique organisational culture. As such this elective will adopt a strategic approach, showing how this can be used to build and sustain brands, drawing on several disciplines. It will conclude by discussing how creativity can be used to leverage small budgets to capitalise on brand opportunities.
L. de Chernatony (2010) From Brand Vision to Brand Evaluation (Oxford : Butterworth-Heinemann).
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